G20 finance ministers also ponder global corporate tax

Reading Time: < 1 minute

Changes to how multinational companies and giant tech firms are taxed globally may be on the horizon, resulting in a curbing of investment in lower corporate tax jurisdictions.

In the wake of the US Treasury secretary’s recent proposal to introduce a global corporate tax rate, now finance ministers from the G20 may also be entertaining the idea, with France and Germany having also recently expressed their support for an international base rate. Through the OECD, countries are working on proposals for corporate tax reform that would be presented at the G20 meeting scheduled for this summer.

Source: Guardian

CET Editor

Recent Posts

As EU probes TikTok, precedent-setting Romania announces date for election rerun

Romania’s government has approved a repeat presidential election in May after institutional chaos and controversy…

1 day ago

NATO launches ‘Baltic Sentry’ patrols to counter infrastructure attacks

NATO deployed a multinational flotilla off the Estonian coast at the weekend to defend undersea…

1 day ago

Polish presidential candidates begin election drive

Poland's presidential election campaign has officially begun, ahead of a pivotal vote for the Central…

1 day ago

What Trump presidency means for CEE

US President Donald Trump's inauguration ceremony on Monday, 20 January, broke with tradition and extended…

1 day ago

Croatia returns incumbent in landslide presidential election vote

Croatian President Zoran Milanovic secured a decisive re-election victory, defeating his conservative challenger in a…

1 week ago

Checks remain at Romania-Hungary rail border

Although Romania joined the Schengen free travel area at the beginning of 2025, international trains…

1 week ago